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Nelco Q1 Results: Stock tanks after net profit falls 60% from last year, margin narrowsNelco shares saw a sharp spike in its trading volume after the results announcement. The stock, which traded below its 20-day average through most parts of the trading session, ended with 2.2 crore shares traded, marginally higher than the 20-day average of 2 crore.By Hormaz Fatakia   July 14, 2025, 3:34:15 PM IST (Published)1 Min ReadShares of Nelco Ltd., the manufacturer of unattended ground sensors for the Indian Army, fell as much as 5% on Monday, July 14, in reaction to its June quarter results.

For the June quarter, Nelco's revenue remained flat in comparison to the same quarter last year, at ₹74 crore.

The company's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 36% on a year-on-year basis to ₹7.8 crore from ₹12.2 crore in the year-ago quarter.

Margins for the quarter also narrowed to 10.4% from 16.5% from the same quarter last year.

Net profit for the quarter declined 60% to ₹1.8 crore from ₹4.5 crore last year.

Nelco shares saw a sharp spike in its trading volume after the results announcement. The stock, which traded below its 20-day average through most parts of the trading session, ended with 2.2 crore shares traded, marginally higher than the 20-day average of 2 crore.

Nelco does not have any analyst coverage.

Shares of Nelco ended 5.3% lower on Monday post the results announcement at ₹897.5. The stock is down 20% in the last one month. The stock is down 40% from its recent high of ₹1,502.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsNelcoshare market today